One Minute Wonder thread

*UPDATE*

I have no idea why this thread has been moved to the commercial content area. I have never sold or have any plans to sell anything.

Also this thread is no longer solely dedicated to the M1 since I now apply the same supply & demand principles to all time frames.

Anyway, since it appears I've been put in this section for promoting a free trading website I may as well mention it.

www.acegazette.com

................................

Hey all

I've been asked by a number of people to share my trading method which is based mostly around the M1 (1 minute) chart. Everyone is invited so feel free to post charts or ask anything.

I have to say a big thanks Kenneth Lee, Redsword11, Emene, Orbital, Ifmyante and the army of traders on Ace Gazette for providing me with a solid grounding on Supply and Demand. Also for Sam Seiden for being the founding father of all things S&D, Red's PIE and KennyZ's romancing the price threads.

Tools

- Supdem_ii
- Chaos Semafor

http://www.acegazette.com/images/art.../rm-indies.zip

- Luktom's Visual Order Editor 1.61
- #SD_Rectangle_v1.1_Light.ex4
- ATR projections
- Hline Alert
- Various WAV files for Alerts
- Daily Close Line (Indicator to show London 8AM GMT open price)

Broker

I currently use Armada Markets but have used Pepperstone who are also great for trading this method. Ideally you want a low spread ECN type broker for trading the M1. LMAX is another broker I would like to try.

Trading Times & Pairs

EURUSD, GBPUSD, AUDUSD, USDCAD, USDJPY and EURJPY. Mostly London open through to NY close.

Full Trade Example!

Here's a full start to finish trade example showing everything I look for including trade management.

http://www.forexfactory.com/showthre...83#post6179783


Charts to follow....

am there c- , the first of ur diciples

when ur talking about highter tf , do u start from daily and down , or 30 minutes and lower ?

The higher time frame for me is the M15 / M30.

However, each morning I do a quick daily review of the charts from Monthly, weekly, D1, H4 all the way down.

Sounds GOOD.. look forward to your insights and thinking..on this matter..All the best with it..

Awesome stuff!

Alright, it's Friday afternoon so I'm pretty much done for the week now so probably not many charts until next week.

Here's how I have my charting screen setup on a 27" monitor just to give you an idea how I monitor my pairs.

My second screen shows the pairs on the M1 level and you'll see me post charts with them marked off in blue with my entries and stops.

I use Alerter4U to let me know when price arrives at my levels.

Here's a quick trade I just took now, bagged some pips and got to BE early. Leaving some on the table to run... Or get stopped for no loss.

Here's what the trade looked like on a M5 chart.

hi C

I have been following you on Kenneth's thread, and am looking forward to be following you on your own thread.

We trade in similar way, except you are far more successful. Often we have very similar levels on the charts.

Akruma

C-12, thanks a lot for opening this thread, I have been watching your trading and charts for some time.

I like what I have seen so far, you are great trader and there is a lot to learn from you style.
Subscribed.

Thanks, man, and good luck!

I'm happy to share this info with you guys, good or bad days. It's something I don't see anyone else on this forum doing too often.

This is today's and yesterday's trading. Nowhere near as good as yesterday but still well up!

Quite a lot of break evens (happens a lot but they add to the profit) and a good few silly mistakes earlier but I'm generally doing very very well with this method, as you can see.

Account is in £GBP.

Hey C-12,

I've been following your posts from Ken's thread for some time now! Really impressed with the way you trade , I've never ever thought that one can trade successfully in m1, that too consistently .

But the fact is, I've always found it tough to choose the entry perfectly! A little light on choosing entry would really help.

Thanks.
Logesh

Good stuff C12 I appreciate that. It is fascinating the 'reasons' others come up with as to why they wont do that. I wont bother because mine wont impress anyone....

The 'errors' you mentioned....errors or just bad stop outs?

Just general stop outs, they weren't really great levels and the rejections weren't there to start with. My bad on these losses.

Here are some of the levels I marked off that failed.

I'm not perfect but then again I'm ok with losing some.

Then there are also the ones that got away!

I took this earlier, got a BE stop out and forgot to re-enter again... Happens loads but the trades come thick and fast on the M1 so it's all good.

Hi C-12.

Good luck with your thread and trading. M1 is too fast for me, but it is great to see someone being able to master it.

Thanks for sharing.May I ask you question: How long do you use this system?

Remember this?

About a month or so but trading S&D for about 3 months in total.